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1.) Agency Problems of MNCs a.) Explain the agency problem of MNCs. b.) Why might agency costs be larger for an MNC than for a

1.) Agency Problems of MNCs a.) Explain the agency problem of MNCs. b.) Why might agency costs be larger for an MNC than for a purely domestic firm?

2.) Comparative Advantage a.) Explain how the theory of comparative advantage relates to the need for international business. b.) Explain how the product cycle theory related to the growth of an MNC.

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